Vijayawada’s cloud services firm Pi Datacentre receives fund boost

Epsilon Venture Partners, a pan-Asian technology focused fund manager along with an Australian private equity group has invested Rs 154 crore ($23 million) in Vijayawada-based data-centre and cloud services firm Pi Datacentres(Pi). With this funds infusion, Pi becomes Vijayawada’s first company in the infotech and IoT space to achieve a sizable scale and can probably be…

Make in Andhra Pradesh: Inching closer to becoming a reality !!

The AP government has approved four new mega industrial projects which would provide employment to 53,100 people. It looks like that the new innovative industrial policy (2015-20) has started to yield results. The single-desk clearance policy and other proactive measures by the government seem to bringing in the much needed investment flow. SIPB meeting held under…